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20121205
20121213
Search Results 0 to 11 of about 12 (some duplicates have been removed)
. the materials and financials gained 0.08%. the energy sector was up 0.07%. technology was the big drag, thanks once again to apple. over the past week apple has gone from almost $600 per share to $533, down about 9%. with the sell-off apple is about $8 above its most recent low from mid-november. there are several theories behind apple's stock drop: profit taking, disappointment over no special dividend, and more fundamental concerns about its business growth. two other big techs under some pressure today. microsoft fell 1%. it's just pennies above its low for the year. cisco systems fell 0.07%. the firm repeated today its previous earnings growth forecast. big banks were on the upswing with the further improvement in the job market, and ahead of next week's federal reserve meeting as expectations build for more economic help. j.p. morgan jumped 2.6%, it's highest price since early november. bank of america added another 1.8% to an 18 month high. a big global energy deal is one step closer tonight. late today canada okayed the buyout of nexen energy by chinese energy giant c-nooc. this is a $1
the money be spent on improving energy efficiency in schools and public buildings. and paul rogers, what kind of improvements would be made to the schools and what would this mean to them? >> these are the kind of things that aren't particularly sexy, like when you see people hold press conferences because they put big new solar rays on school buildings and things. this is much more mundane stuff. like new insulation, double-pain windows, switches so the lights go out when you go out of the building. what's interesting, if you talk to engineers and energy experts who really study this stuff is you get a lot more bang for your buck when you spend those bucks doing energy efficiency rather than doing these big elaborate renewable projects. you know, it doesn't make sense to take a school building which is old with drafty windows and put $1 million solar ray on the top. whatever electricity you generate, you're then going to basically waste because you're leaking power out the windows. and i would just say the prop 39 is the most important ballot question on california's ballot that nobody
that getting into the energy business doesn't mean the company is turning its back on mining. under the deal, freeport will pay $6.9 billion for plains exploration and production and $2.1 billion for mcmoran exploration, a sister company it was separated from a couple of decades ago. the deal would also leave freeport with $20 billion of debt. freeport executives say getting into oil and natural gas would help diversify the company and keep more of its assets in north america, where there's a huge shale gas boom. they estimate by next year freeport will derive a little more than a quarter of its profits from energy and the rest from mining, versus 100% from mining today. the company says it thinks demand for commodities, especially energy, will continue to grow. that could help offset the increased difficulty mining companies are having trying to find new projects in regions outside the u.s. and with interest rates currently at historic lows, the timing was right to ink the two deals. diane eastabrook, "n.b.r.," chicago. >> tom: daniel rohr is a metals and mining analyst from morningstar and
from the international energy agency, calling for the u.s. to surpass saudi arabia as the world's largest oil producer by 2020. here's one good thing to come from the destruction of hurricane sandy-- verizon customers will be getting faster, and more, telecom services. the company said today it is replacing damaged copper wires with fiber optic cable. that upgrade from older, slower copper allows verizon to offer more digital services, including bundling phone, internet and cable tv. and it means an increase in revenues for verizon. tom, that was the message from verizon's c.e.o., speaking at an investor conference today. but it didn't do much for the stock. verizon shares fell, like many of its fellow dow components trading here on the big board. >> tom: let's get going with tonight's "market focus." with no big economic data for cues, stocks finished a lackluster day in negative territory. the s&p 500 struggled to find a clear direction and spent most of the session in the red. it ended with a small loss of two tenths of 1%. trading volume continued to be moderate-- 674 millio
supported huge subsidies for agribusiness and big energy companies. democrats did, too. they passed fabulous increases in medicare prescription benefits for the elderly. didn't raise a penny to pay for them. they advocated policies that led to the crash of 2008 -- so did democrats. today, we're $16 trillion in debt. and they are boasting that they haven't raised taxes in 22 years. what's that about? >> it's certainly not conservatism. it's not rational. and it's not adult. you know, when you create a program, you make a decision. you say, "i think we should conduct this war. i think that we should expand our security apparatus at home. i think that we should provide this additional benefit." then you pay for it. you vote to do it. and then you say, "here's what it's going to cost." and you pay for it. you know, republicans may complain about the federal debt, but they're as responsible as the democrats for the debt being as large as it is. and once you have already done that, then you have an obligation to pay it down. you know, so the idea that what you're going to do is say -- you know, "w
the calculations on both sides of the aisle? is there a new energy to get this done one way or the other? >> well, i think speaking in terms of how we look at it, at department of homeland security and i think if the white house at large, we've been very committed from the first term to try to do something on emmigration reform. the hill was not able to take it up for a variety of reasons. but i think now there is a new willingness to take a look at this subject. it's always a tough sub. it has been historically. but we're at a period in our history where we have an opportunity to really create a 21st century immigration system that foster legal crossing, legal workers, that then allows us on the enforcement side, as i mentioned, to really focus on those who are here that are dangers to public safety and others. >> suarez: janet napolitano as secretary of homeland security, secretary, thanks for joining us. >> you bet. thank you. >> woodruff: later this week, ray will examine the state of the administration's new policy to stop deporting young immigrants who entered the country illegally as child
economically, and the u.s. will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. major funding for the pbs newshour has been provided by: >> bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
Search Results 0 to 11 of about 12 (some duplicates have been removed)